Fiona Ma officially assumes her post of California’s treasurer in January, but she has already made it clear that she won’t act as a rubber stamp for an office that sold more than $10 billion of bonds this year, Bloomberg News reported. After Ma, a Democrat elected in November, learned that the office was planning to sell veterans’ housing bonds next month, she demanded information on the program to be funded before allowing it to proceed, according to Ma and Tim Schaefer, deputy treasurer. The sale will now occur in February, Schaefer said.
